Bitmain company, manufacturer cryptovalyutny miners and pool mayningovogo operator, announced that it will destroy part of the fees charged to it for mining Bitcoin cash blocks to support the economic health of the network.
Bitmain AntPool Mining Pool announced this on Friday, April 20, clarifying that it will burn 12% of all commissions received from Bitcoin Cash blocking, sending it to "hot addresses", from which no one can withdraw and spend.
Bitmain says that Bitcoin Cash "is at a critical juncture and should become a widely used public success" and that the burning of some of the network commissions will strengthen its internal economy and help investors "benefit from the growth of BCH" .
The statement also says:
For an ecosystem, it is important that some users actively spend BCH, while others store them, and this meets the basic requirements for maintaining a strong economy. Without those custodians, the BCH exchange rate would lose considerable support. We believe that they should also benefit from the growth of BCH, as they are constantly contributing to the Bitcoin Cash ecosystem. Commissions for transactions received by miners are an important indicator of the growth of the BCH ecosystem, and if its share is burned, this means that, as a result, the miners share the revenues with the entire BCH network.
Bitmain believes that reducing the total amount of Bitcoin cash reserves can reduce the pressure on the price of the currency, which will ultimately make it more valuable.
Supporters of this decision, supporters of Bitcoin Cash, including the CEO of Bitmain, Cihan Wu, believe that Satoshi Nakamoto saw in the cryptographic currency primarily a currency in circulation, and not a means of saving.
7.3% of all blocks produced by AntPool, Namainen during the last week and 10% of them in the last 24 hours.
Bitmain urged other groups to follow the example of AntPool: burn 12% of the commissions for the extracted blocks, which in the end could become the economic policy of the entire Bitcoin Cash network.
Source: https://www.ccn.com/bitmain-will-burn-12-of-bitcoin-cash-tx-fees-calls-on-other-miners-to-follow-suit/
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